Copper futures marginally up on global cues

Copper futures traded 0.38 per cent higher at Rs 386.90 per kg today as speculators enlarged bets, largely in step with a firming trend in base metals at the London Metal Exchange (LME).
At the Multi Commodity Exchange, copper for delivery in April rose Rs 1.45, or 0.38 per cent, to Rs 386.90 per kg, in a turnover of 669 lots.
Metal for delivery in far-month June also rose Rs 1.10, or 0.28 per cent, to trade at Rs 390.90 per kg, with trade volume of two lots.
Analysts said gains in copper and other metals overseas and rising demand at the domestic spot markets influenced metal prices at futures trade.

Globally, copper added 1.2 per cent to USD 5,798 per tonne at the LME.